Stock Report

AIA Engineering Ltd reports jump in Q2FY24 consolidated PAT to Rs. 323.07 crores

Posted On : 2023-11-06 15:48:07( TIMEZONE : IST )

AIA Engineering Limited has reported Consolidated financial results for the period ended September 30, 2023.

Financial Results (Q2 FY2024) - QoQ Comparison

The company has reported total income of Rs. 1357.1240 crores during the period ended September 30, 2023 as compared to Rs. 1299.0973 crores during the period ended June 30, 2023.

The company has posted net profit / (loss) of Rs. 323.0760 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs. 272.3415 crores for the period ended June 30, 2023.

The company has reported EPS of Rs. 34.26 for the period ended September 30, 2023 as compared to Rs. 28.87 for the period ended June 30, 2023.

Financials	Q2 FY2024	Q1 FY2024	% Change
Total Income	₹ 1357.1240 crs	₹1299.0973 crs	4.47%
Net Profit	₹323.0760 crs	₹272.3415 crs	18.63%
EPS	₹34.26	₹28.87	18.67%

Financial Results (Q2 FY2024) - YoY Comparison

The company has reported total income of Rs. 1357.1240 crores during the period ended September 30, 2023 as compared to Rs.1360.8010 crores during the period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.323.0760 crores for the period ended September 30, 2023 as against net profit / (loss) of Rs.244.8052 crores for the period ended September 30, 2022.

The company has reported EPS of Rs.34.26 for the period ended September 30, 2023 as compared to Rs.25.95 for the period ended September 30, 2022.

Financials	Q2 FY2024	Q2 FY2023	% Change
Total Income	₹ 1357.1240 crs	₹1360.8010 crs	-0.27%
Net Profit	₹323.0760 crs	₹244.8052 crs	31.97%
EPS	₹34.26	₹25.95	32.02%

Financial Results (Half Year Ended FY2024) - YoY Comparison

The company has reported total income of Rs.2656.2213 crores during the 6 Months period ended September 30, 2023 as compared to Rs.2461.1361 crores during the 6 Months period ended September 30, 2022.

The company has posted net profit / (loss) of Rs.595.4175 crores for the 6 Months period ended September 30, 2023 as against net profit / (loss) of Rs.435.2752 crores for the 6 Months period ended September 30, 2022.

The company has reported EPS of Rs.63.13 for the 6 Months period ended September 30, 2023 as compared to Rs.46.15 for the 6 Months period ended September 30, 2022.

Financials	Half Year Ended FY2024	Half Year Ended FY2023	% Change
Total Income	₹2656.2213 crs	₹2461.1361 crs	7.93%
Net Profit	₹595.4175 crs	₹435.2752 crs	36.79%
EPS	₹63.13	₹46.15	36.79%

Shares of AIA Engineering Limited was last trading in BSE at Rs. 3764.55 as compared to the previous close of Rs. 3718.70. The total number of shares traded during the day was 1037 in over 324 trades.

The stock hit an intraday high of Rs. 3795.00 and intraday low of 3709.20. The net turnover during the day was Rs. 3895518.00.